For saleSingle family

$505,000

11282 68th St NE

Albertville MN 55301

5 beds, 3.5 baths, 3,344 sqft

11282 68th St NE is a 5 beds, 3.5 baths, 3,344 sqft single family home for sale at $505,000 in Albertville MN 55301. At 20% down it rents for an estimated $2,850/mo and returns -$755/mo a month at a 4.9% cap rate.

The deal math

Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.

Estimated rent
$2,850/mo
Monthly cash flow
-$755/mo
Cap rate
4.9%
Cash-on-cash
-9.0%
Max offer
$337,500

Offer ≤ $337,500 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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